taxes Property Tax Assistance

2018 ISD Summary Worksheet

009/Bailey

185-902/Farwell ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 8,729 N/A 8,729 8,729
B. Multi-Family Residences 0 N/A 0 0
C1. Vacant Lots 0 N/A 0 0
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 2,588,704 N/A 2,588,704 2,588,704
D2. Real Prop Farm & Ranch 1,089,504 N/A 1,089,504 1,089,504
E. Real Prop NonQual Acres 3,074,357 N/A 3,074,357 3,074,357
F1. Commercial Real 0 N/A 0 0
F2. Industrial Real 118,145 N/A 118,145 118,145
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 383,030 N/A 383,030 383,030
L1. Commercial Personal 292,650 N/A 292,650 292,650
L2. Industrial Personal 0 N/A 0 0
M. Other Personal 101,828 N/A 101,828 101,828
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 0 N/A 0 0
Subtotal 7,656,947 7,656,947 7,656,947
Less Total Deductions 801,376   801,376 801,376
Total Taxable Value 6,855,571 6,855,571 6,855,571 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
7,055,571 6,855,571 7,055,571 6,855,571


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
200,000 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
7,055,571 6,855,571 7,055,571 6,855,571

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

185/Parmer

185-902/Farwell ISD


Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 37,153,540 .9719 38,227,739 37,153,540
B. Multi-Family Residences 1,480,120 N/A 1,480,120 1,480,120
C1. Vacant Lots 955,000 N/A 955,000 955,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 14,163,996 1.9926 7,108,400 14,163,996
D2. Real Prop Farm & Ranch 3,462,967 N/A 3,462,967 3,462,967
E. Real Prop NonQual Acres 35,896,777 .9462 37,937,832 35,896,777
F1. Commercial Real 5,744,554 N/A 5,744,554 5,744,554
F2. Industrial Real 29,991,813 N/A 29,991,813 29,991,813
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 26,439,786 .9538 27,720,472 26,439,786
L1. Commercial Personal 8,691,826 .9845 8,828,670 8,691,826
L2. Industrial Personal 23,638,589 N/A 23,638,589 23,638,589
M. Other Personal 161,192 N/A 161,192 161,192
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 223,825 N/A 223,825 223,825
Subtotal 188,003,985 185,481,173 188,003,985
Less Total Deductions 20,571,001   21,061,628 20,571,001
Total Taxable Value 167,432,984 164,419,545 167,432,984 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
171,419,989 167,432,984 171,419,989 167,432,984


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
3,987,005 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
171,419,989 167,432,984 171,419,989 167,432,984

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified

185-902/Farwell ISD



Category Local Tax Roll Value 2018 WTD Mean Ratio 2018 PTAD Value Estimate 2018 Value Assigned
A. Single-Family Residences 37,162,269 .9719 38,236,468 37,162,269
B. Multi-Family Residences 1,480,120 N/A 1,480,120 1,480,120
C1. Vacant Lots 955,000 N/A 955,000 955,000
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 16,752,700 1.7276 9,697,104 16,752,700
D2. Real Prop Farm & Ranch 4,552,471 N/A 4,552,471 4,552,471
E. Real Prop NonQual Acres 38,971,134 .9502 41,012,189 38,971,134
F1. Commercial Real 5,744,554 N/A 5,744,554 5,744,554
F2. Industrial Real 30,109,958 N/A 30,109,958 30,109,958
G. Oil, Gas, Minerals 0 N/A 0 0
J. Utilities 26,822,816 .9544 28,103,502 26,822,816
L1. Commercial Personal 8,984,476 .9850 9,121,320 8,984,476
L2. Industrial Personal 23,638,589 N/A 23,638,589 23,638,589
M. Other Personal 263,020 N/A 263,020 263,020
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 0 N/A 0 0
S. Special Inventory 223,825 N/A 223,825 223,825
Subtotal 195,660,932 193,138,120 195,660,932
Less Total Deductions 21,372,377   21,863,004 21,372,377
Total Taxable Value 174,288,555 171,275,116 174,288,555 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Comptroller Of Public Accounts - Property Tax Division

2018 ISD Summary Worksheet

185-902/Farwell ISD

Final Values Worksheet

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
178,475,560 174,288,555 178,475,560 174,288,555


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
4,187,005 0


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax ceiling reduction


T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
178,475,560 174,288,555 178,475,560 174,288,555

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption